Targa Resources Corp. (TRGP)
| Market Cap | 25.82B |
| Revenue (ttm) | 16.06B |
| Net Income (ttm) | 835.80M |
| Shares Out | 222.54M |
| EPS (ttm) | 3.66 |
| PE Ratio | 31.70 |
| Forward PE | 20.54 |
| Dividend | $2.25 (1.94%) |
| Ex-Dividend Date | Apr 29, 2024 |
| Volume | 1,659,278 |
| Open | 113.69 |
| Previous Close | 113.81 |
| Day's Range | 113.11 - 116.32 |
| 52-Week Range | 67.36 - 117.61 |
| Beta | 2.22 |
| Analysts | Strong Buy |
| Price Target | 114.53 (-1.28%) |
| Earnings Date | May 2, 2024 |
About TRGP
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petr... [Read more]
Financial Performance
In 2023, TRGP's revenue was $16.06 billion, a decrease of -23.27% compared to the previous year's $20.93 billion. Earnings were $835.80 million, a decrease of -6.80%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for TRGP stock is "Strong Buy." The 12-month stock price forecast is $114.53, which is a decrease of -1.28% from the latest price.
News
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2024 Earnings Webcast
HOUSTON, April 11, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared an increase to its quarterly cash div...
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The crude oil price has been on a winning streak lately, with brent crude oil reaching a high of over $91 per barrel today, its highest price since October last year. All in all, the crude oil price h...
Targa Resources Corp. to Participate in J.P. Morgan Midwest Utilities & Midstream 1x1 Forum
HOUSTON, March 26, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at...
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Targa Resources Corp. to Participate in Morgan Stanley Energy & Power Conference
HOUSTON, March 01, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at...
Targa Resources Corp. to Participate in THRIVE Energy Conference by Daniel Energy Partners
HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at ...
Targa Resources Corp. Announces Form 10-K Available
HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("TRGP" or the "Company" or "Targa") has filed its Form 10-K with the Securities and Exchange Commission (SEC) for the yea...
Targa Resources Corp. Reports Record Fourth Quarter and Full Year 2023 Financial Results and Provides Outlook for 2024 and Positioning in 2025
HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported fourth quarter and full year 2023 results.
Targa Resources Corp. to Participate in U.S. Capital Advisors Midstream Corporate Access Day
HOUSTON, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at ...
Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2023 Earnings Webcast
HOUSTON, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the fourth quarter of 2023.
Targa Resources Corp. to Participate in Investor Conferences
HOUSTON, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at ...
Targa Resources Corp. to Participate in BofA Securities Global Energy Conference
HOUSTON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at ...
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Targa Resources Corp. Prices $2.0 Billion Offering of Senior Notes
HOUSTON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP), announced today the pricing of an underwritten public offering (the “Offering”) of $1.0 billio...
Targa Resources Corp. Reports Third Quarter 2023 Financial Results and Announces Expectations for a 50% Year-Over-Year Increase to 2024 Common Dividend
HOUSTON, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported third quarter 2023 results.
Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2023 Earnings Webcast
HOUSTON, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the third quarter of 2023.
Targa Resources Corp. Releases Sustainability Report
HOUSTON, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its Sustainability Report for 2022 is now available on the Company's websi...
Targa Resources Corp. to Participate in Wolfe Research Utilities, Midstream and Clean Energy Conference
HOUSTON, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at...
Targa Resources Corp. Reports Second Quarter 2023 Financial Results
HOUSTON, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported second quarter 2023 results.
Targa Resources Corp. Announces Quarterly Dividend and Timing of Second Quarter 2023 Earnings Webcast
HOUSTON, July 13, 2023 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the second quarter of 2023.